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Hope Bancorp (HOPE) Matches Q2 Earnings Estimates
ZACKS· 2024-07-29 14:16
Hope Bancorp (HOPE) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This operator of Central Pacific Bank is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of -9.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. There are no easy answers t ...
Hope Bancorp(HOPE) - 2024 Q2 - Quarterly Results
2024-07-29 12:17
HOPE BANCORP REPORTS 2024 SECOND QUARTER FINANCIAL RESULTS "During the 2024 second quarter, our net interest margin expanded, our operating expenses decreased, and our return on assets improved, compared with the 2024 first quarter," said Kevin S. Kim, Chairman, President and Chief Executive Officer. "These highlights reflect continued progress towards improving our financial performance following our strategic reorganization in the fourth quarter of last year. "Following the signing of the definitive merge ...
Capricor: Rolling BLA Submission Of CAP-1002 To Get DMD Treatment Program Going
Seeking Alpha· 2024-06-17 17:44
andresr/E+ via Getty Images CAP-1002 For The Treatment Of Patients With Duchenne Muscular Dystrophy known as dystrophin. Without this protein, the muscle fibers cannot connect properly and allow for movement for the patient. Some symptoms that these patients with DMD experience are as follows: Constantly falling Trouble lifting oneself from a lying/sitting position Large calf muscles Waddling gait Muscle pain that won't go away Learning disabilities. The global Duchenne Muscular Dystrophy treatment market s ...
Hope Bancorp(HOPE) - 2024 Q1 - Quarterly Report
2024-05-07 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-50245 HOPE BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 95-4849715 (State or other jurisdiction of incorporation or organization) (I.R.S. ...
Territorial Bancorp Inc. Announces First Quarter 2024 Results
Newsfilter· 2024-05-03 20:30
The Company's tier one leverage and risk-based capital ratios were 11.58% and 28.84%, respectively, and the Company is considered to be "well-capitalized" at March 31, 2024.Ratio of non-performing assets to total assets of 0.10% at March 31, 2024.Strong liquidity position with $90 million in cash balances and access to liquidity totaling $901.70 million as of March 31, 2024. HONOLULU, Hawaii, May 03, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:TBNK) (the "Company"), headquartered in Honolulu, ...
Hope Bancorp(HOPE) - 2024 Q1 - Earnings Call Presentation
2024-04-29 18:36
2024 First Quarter Earnings Conference Call Forward Looking Statements & Additional Disclosures Additional Information and Where to Find It Q1 2024 Financial Overview Total Deposits at 3/31/24 Gross Loans at 3/31/24 NPA/Total Assets at 3/31/24 1Q24 Net Income & EPS $27.4MM / $0.23 Excl. notable items • Total capital ratio was 14.19% at 3/31/24, +27bps QoQ. All regulatory capital ratios expanded QoQ • Tangible common equity ("TCE") ratio(1) was 9.33% at 3/31/24, +47bps QoQ • Announced signing of definitive m ...
Hope Bancorp(HOPE) - 2024 Q1 - Earnings Call Transcript
2024-04-29 18:35
Hope Bancorp, Inc. (NASDAQ:HOPE) Q1 2024 Earnings Conference Call April 29, 2024 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka - CFO Conference Call Participants Gary Tenner - D.A. Davidson Chris McGratty - KBW John Deysher - Pinnacle Value Fund Operator Good day, and welcome to the Hope Bancorp 2024 First Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is be ...
Hope Bancorp (HOPE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-29 16:01
For the quarter ended March 2024, Hope Bancorp (HOPE) reported revenue of $123.33 million, down 14.9% over the same period last year. EPS came in at $0.23, compared to $0.33 in the year-ago quarter.The reported revenue represents a surprise of -6.35% over the Zacks Consensus Estimate of $131.7 million. With the consensus EPS estimate being $0.27, the EPS surprise was -14.81%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Hope Bancorp (HOPE) Misses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-29 15:15
Hope Bancorp (HOPE) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.81%. A quarter ago, it was expected that this bank holding company would post earnings of $0.28 per share when it actually produced earnings of $0.32, delivering a surprise of 14.29%.Over the last four quarters, t ...
Hope Bancorp(HOPE) - 2024 Q1 - Quarterly Results
2024-04-29 13:08
News Release HOPE BANCORP REPORTS 2024 FIRST QUARTER FINANCIAL RESULTS; SIGNS DEFINITIVE MERGER WITH TERRITORIAL BANCORP LOS ANGELES - April 29, 2024 - Hope Bancorp, Inc. (“Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (“Bank”), today reported unaudited financial results for its first quarter ended March 31, 2024. For the three months ended March 31, 2024, net income totaled $25.9 million, or $0.21 per diluted common share. This compares with net income of $26.5 million, or $0.22 per diluted ...